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This paper explores the macroeconomic impacts of labor and product market deregulation using a small open-economy model with formal and informal markets. We exa

The Summer 2017 issue of the IMF Research Bulletin highlights new research such as recent IMF Working Papers and Staff Discussion Notes. The Research Summaries

A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. T

The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensifie

Describes the informal economy and highlights its decent work deficit. Proposes an integrated strategy to address underlying causes of informality and to promot